Common Funds definition

Common Funds means the Xxxxxx Class Common Fund and the Property Class Common Fund.
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Common Funds means those funds provided by the Parties, according to the financial Annex, included in the common budget, and only used to meet common expenditure
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Common Funds means the Revenue Fund, Bond Fund (exclusive of the Sections 5.07 Account and moneys in the Prepayment Account held pursuant to Section 9.02 of the Indenture), Primary Reserve Fund, Program Reserve Fund (including the Authority Account and the Letter of Credit Account therein), Collateral Fund and Program Development Fund.
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Examples of Common Funds in a sentence

  • A substantial portion of the variable remuneration of the staff of the Fund Management Company, to which the remunera- tion policy of the Fund Management Company shall be applied in accordance with the Act on Common Funds or the Act on Alternative Investment Fund Managers, must be paid in fund units of the relevant investment fund or alternative investment fund or in other equivalent financial instruments, which func- tion as equally effective incentives as fund units.

  • A significant portion of the salary and the variable portions of salary of persons in the service of the Management Company to which the Management Company’s incentive system must be applied un- der the Act on Common Funds must be paid as fund units of the mutual fund in question, or as other financial instruments that provide an equally effective incentive as fund units.

  • When calculating investment restrictions, the Fund Management Company does not include the assets of other mutual funds, UCITS or alternative investment funds referred to in chapter 13, section 6, subsections 1–3 of the Act on Common Funds in which the Fund's assets have been invested.

  • The Management Company will maintain a fund prospectus and key investor information document referred to in the Act on Common Funds.

  • A significant part of the variable remuneration to the Fund Management Company’s employees to whom the Fund Management Company’s incentive scheme under the Act on Common Funds is applied shall be paid in fund units of the fund in question or in equivalent financial instruments that are as effective inducements as fund units.

  • Nor does the restriction apply to investment in units of mutual funds, UCITS or alternative investment funds referred to in chapter 13, section 6, subsections 1–3 of the Act on Common Funds.

  • The Fund conforms to the portfolio diversification requirements and investment restrictions referred to in the Act on Common Funds, most of which are listed below.

  • Fund assets may be invested in the following investment vehicles in compliance with the Act on Common Funds, taking account of the restrictions specified in §3 of these Rules.

  • The beginning of the ten-year count starts, at the earliest, in April 2013 when the law took effect, mean- ing the first group reached the ten-year point at the end of March 2023; there had been worries of “layoffs” happening just before this, to evade the law.

  • The Common Fund was separated into four Common Funds on 1 October 2002.


More Definitions of Common Funds

Common Funds is defined in the recitals to this Agreement.
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Common Funds means common funds where trustee companies are empowered to pool money, notwithstanding that the money may be held on individual trust, by virtue of one or more of the following State or Territory Acts:
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Common Funds means those funds held by the Association and collected from Owners by means of regular or special assessments, for the payment of Common Expenses.
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Related to Common Funds

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • State funds means any funds appropriated by the North Carolina General Assembly or collected by the State of North Carolina. State funds include federal financial assistance received by the State and transferred or disbursed to non-State entities. Both Federal and State funds maintain their identity as they are disbursed as financial assistance to other organizations.

  • Surplus funds means, at any given date, the excess of cash and other recognized assets that are expected to be resolved into cash or its equivalent in the natural course of events and with a reasonable certainty, over the liabilities and necessary reserves at the same date.

  • Investment Funds means all monies and financial resources available for investment by the Authority, other than proceeds of bonds issued by the Authority.

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Escrow Account The Eligible Account or Accounts established and maintained pursuant to Section 3.09(b).

  • Project Account means the account referred to in Section 3.03 of this Agreement;

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.